Businesses (employers) and self-employed persons are required to register with NIB within 10 working days of commencing operations. The employer/self-employed are assigned a unique nine (9) digit number for the payment and recording of contribution payments.
To register Employers must:
- Obtain a business license from the Department of Inland Revenue
- Complete and submit Form R1 to the National Insurance Board
- Show NIB Smart Card, another form of government identification or voter’s card at the time of registration https://www.nib-bahamas.com/_m1758/Employers